Strong margins, diligent expense control and favorable exchange rates contributed to record earnings at Bühler Industries last year, despite a drop in sales revenues.
Revenues were down 4.7% from the equivalent of U.S. $330 million in 2012 to $315 million in the company’s financial year to September 30, but were still the second-best in the company’s history. Income from operations was the highest ever recorded, hitting $32.6 million, an increase of 9.5% or $2.8 million…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
